Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) LT-Debt-to-Total-Asset : 0.59 (As of Mar. 2016)

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What is Niska Gas Storage Partners LLC LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Niska Gas Storage Partners LLC's long-term debt to total assests ratio for the quarter that ended in Mar. 2016 was 0.59.

Niska Gas Storage Partners LLC's long-term debt to total assets ratio increased from Mar. 2015 (0.50) to Mar. 2016 (0.59). It may suggest that Niska Gas Storage Partners LLC is progressively becoming more dependent on debt to grow their business.

Niska Gas Storage Partners LLC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Niska Gas Storage Partners LLC's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Niska Gas Storage Partners LLC LT-Debt-to-Total-Asset Chart

Niska Gas Storage Partners LLC Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

LT-Debt-to-Total-Asset

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0.36

0.43

0.39

0.50

0.59

Niska Gas Storage Partners LLC Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.50	0.54	0.54	0.57	0.59

Niska Gas Storage Partners LLC LT-Debt-to-Total-Asset Calculation

Niska Gas Storage Partners LLC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2016 is calculated as

LT Debt to Total Assets (A: Mar. 2016 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2016 )	/	Total Assets (A: Mar. 2016 )
	=	583.206	/	991.897
	=	0.59

Niska Gas Storage Partners LLC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

LT Debt to Total Assets (Q: Mar. 2016 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2016 )	/	Total Assets (Q: Mar. 2016 )
	=	583.206	/	991.897
	=	0.59

Niska Gas Storage Partners LLC (NYSE:NKA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Niska Gas Storage Partners LLC (NYSE:NKA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.niskapartners.com

Niska Gas Storage Partners LLC was founded in 2006. The Company owns and operates natural gas storage assets. It owns or contracts for approximately 244.9 billion cubic feet, or Bcf, of total natural gas storage capacity. Its assets are located in key North American natural gas producing and consuming regions and are connected at points on the natural gas transmission network, providing access to multiple end-use markets. The Company stores natural gas for customers, including financial institutions, marketers, pipelines, power generators, utilities and producers of natural gas. Its gas storage customers include a broad mix of natural gas market participants, including financial institutions, producers, marketers, power generators, pipelines and municipalities. Its competitors include The Company's operations are subject to governmental laws and regulations.

Executives

Michael J Hennigan	director	3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
James G Jackson	director	515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Ralph Alexander	director	1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Shea William H Jr	director, officer: President & CEO	C/O NISKA GAS STORAGE PARTNERS LLC, 170 RADNOR CHESTER ROAD, SUITE 150, RADNOR PA 19087
Davis Bruce D Jr	officer: VP & Chief Administrative Offi	400, 607 8TH AVENUE S.W., CALGARY A0 T2P 0A7
Deborah M Fretz	director	1801 MARKET STREET, PHILADELPHIA PA 19103
Carlyle/riverstone Energy Partners Iii, L.p.	director, 10 percent owner	712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
C/r Energy Gp Iii, Llc	director, 10 percent owner	712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
Carlyle Group Inc.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Group Management L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Inc.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I L.p.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Tc Group Sub L.p.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
George A Obrien	director	C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921

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